06/29/2026
Lets get cracking!!!!!!
But while the US and Canada have plenty of them in their backyards, it is currently cheaper to import them from overseas, like China. Since around the 1980s, China has invested massively in huge mines, sophisticated processing plants, and efficient supply streams.
This has been so successful that they now supply something like 70% of the global supply. But if the US and Canada can make mining and processing domestic rare earth deposits economically competitive, this could be challenged.
University of Michigan researchers have found that the US and Canada may have enough rare...